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Just received this email from Dan.com about commission increases (snippet of email):
Thoughts?
Thoughts?
Hiso I'm still finding my feet.
My vote would be 15% commission across the board. GD is a big company, with plenty of income from registrations and products sold. The potential increase in number of sales across all platforms, using 15%, might well compensate for the decrease in even the current commission.Hi
when you find your feet,
make sure you're not standing in no , cuz you know it's nearby.
then kick the 25% fee to the curb, and only charge 20% if domain is currently "Registered" at godaddy when NS is not used.
that switch could bring in more domain owners to this registrar.
imo....
Dont upset Daddy, he will take that 25% commission and raise it to 35%
Then we will dicker, get it down to 25 and feel like we accomplished something
Thanks for the clear answers.Thank you for addressing the questions here. Please find enclosed the answers:
1- Do you plan to expand your MLS partners network?
Yes, we are constantly expanding our SedoMLS partner network so that our sellers have the biggest reach for their domain portfolio. Which registrars would you like to see joining the SedoMLS network?
2- You mentioned that NameCheap are part of your MLS, but when adding a domain to Sedo, NameCheap do not appear as MLS partner with (S) in the list.
Users who are searching for domains on NameCheap’s website, can purchase domains which are listed for sale on Sedo. NameCheap did not integrate the functionality, allowing Sedo users to activate their domains for SedoMLS Premium, as of yet. As soon as this option will be available, we will make sure to inform you.
3- Does it make difference to select Euro vs Usd when pricing domains at Sedo? I heard that most of your customers are from Europe so maybe Euro is better at Sedo?
You will need to decide which currency best suits you and there is no best currency that we can recommend. The only impact could be the currency conversion rate, maybe you could check out which currency will get you the most money out of your sale. Having a domain listed in Euros or USD will not be detrimental to the sale. Also with regards to the customers, there is no dominance in sales towards either the American customers or European customers.
Not really sure how you extrapolate that based on the poll question and small sample size.look to the votes here : https://www.namepros.com/threads/which-of-your-sales-comes-from-afternic.1292604/
For all domainers making more than 50% of sales through afternic, the new fee scheme is better.
And it seems there it's 50/50
That is interesting and a good move by Squadhelp I think. Still no word from BrandBucket about how they will handle Afternic listings from February 1.I've just received this notification message from SquadHelp:
Show attachment 230615
So they reduced their commission
They want to survive.
This is not a reduction.I've just received this notification message from SquadHelp:
Show attachment 230615
So they reduced their commission
They want to survive.
This is not a reduction.
25% to Afternic and 5% to SH on names 25 K and below —30% commision total
25% to Afternic on names over 25K No commision to SH —25% commision total
Still very steep commision
I agree on that for sure and for all involved it will be better if the names in those price brackets sell right on SquadHelp.I think their idea is to retain sellers with high value domain, but still 25% for domains over 25k is very high commission. It will be hard decision for SH sellers.
Does that setup actually work? I thought that kind of NS setting will only result in errors. What will happen when someone types in such a name?Hi
yeah, i forgot about above.com.
i have done similar in the past by using various NS for the same domain
ie:
ns1.bodis.com
ns2.parkingcrew.com
ns3.sedoparking.com
buy.internettraffic.com
sorry for going off-topic
imo...
HiDoes that setup actually work?
for 2) I dont think so as the selling price and currency could be different.Once the 15% Dan Commission Rate goes into effect, I am assuming the following will happen, but I haven't seen these directly addressed by Dan or GD:
1) Do away with the ridiculous $2,000 limit on Paypal payments without a surcharge, just like GD, Afternic and Uniregistry.
2) The checkmark for the MLS/Afternic Network opt-in will disappear and we'll all be automatically enrolled.
3) Each offer or sale on Dan, GD, Afternic and Uni will CLEARLY denote the Commission Rate so that users understand what they are paying and potential issues with nameservers can be fixed in a timely manner.
@LaszloSchenk
a) DAN has so many fraudulent listings that auto enroll will further complicate this issue2) The checkmark for the MLS/Afternic Network opt-in will disappear and we'll all be automatically enrolled.
Sales were up during the pandemic though.but then i guess the pandemic hit before the piggy bank could make it... so like every other business during the pandemic... DAN had to bail too.
I just love all the negative votes to my comment above, when Dan and their leadership proved beyond shadow of a doubt that they are SELLERS by "Selling Out to GoDaddy". A Builder says no all day long - it's what they do.
It's not condemnation or praise for either strategy, these are just the two sides of a startup coin. Be proud of who you are and what you do, and don't hide behind false narratives.
Or to paraphrase Robin Williams, "Someone is either a Builder or a Seller. There's no in-between. The trick is to find out which one you are, and be that."
There's a vast number of reasons to transition from a builder to a seller or the other way around.